Arizona Company has the following information available for the month of April:

Sales $100,000

Cost of goods sold $60,000

Interest expense $2,000

Income tax expense $1,000

Wages expense $12,000

Dividends declared $3,000

Equipment purchased $20,000

Rent expense $4,000

The company uses the accrual basis of accounting. What is the net income for the month of April?

A) $21,000

B) $22,000

C) $24,000

D) $27,000